Indonesia hopes to become regional carbon storage hub

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The Indonesia Carbon Capture and Storage Center (ICCSC) was established on May 30 with hopes to help propel the country’s agenda to become a regional hub for carbon capture storage (CCS) solution.

Earlier in April, Indonesia has issued the MEMR 2/2023 concerning the implementation of carbon capture and storage and carbon capture, utilisation and storage (CCUS) schemes in exploration and production operations in country, with the aim of helping to decarbonise the upstream industry.

Indonesia's Coordinating Minister of Maritime Affairs and Investment Luhut Binsar Pandjaitan said the ICCSC would become a new approach of developing low-carbon businesses in the future, including in the development of hydrogen, blue and green ammonia, and blue and green methanol.

He hoped that the ICCSC would be a new organization that would accelerate Indonesia's energy transition agenda.

Indonesia has pledged to cut greenhouse gas emissions by 31.89% on its own or by 43.2% with international help by 2030.

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